EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, announced it has entered into a strategic alliance with Telefónica Tech, a subsidiary of Telefónica, a world-leading telecommunications service provider with over 300 million customers and digital and telecom solutions offered in over 170 countries. The two companies will partner up on network connectivity solutions for deploying UAM intelligent solutions in Europe and Latin America.

The two companies will join forces to combine Telefónica Tech’s cutting-edge connectivity and Internet of Things (“IoT”) expertise with EHang’s technical capabilities in the unmanned Advanced Air Mobility sector to implement use cases encompassing Air Mobility, Smart City Management and Aerial Media solutions in passenger transportation, logistics, medical delivery services and emergency response across Europe and Latin America.

Telefónica Tech and EHang will also set out to develop connectivity solutions based on mobile networks for the safe and efficient integration of drones and electric vertical take-off and landing (“eVTOL”) aircraft with digital Unmanned Aircraft System Traffic Management (“UTM” or U-Space) systems.

The two companies will also collaborate on Drone Light Shows, performed with swarms of drones, to digitalise and improve sustainability of large-scale shows and events.

Both companies will rely on the operational and technical capabilities of EHang’s European UAM Center located in Spain, a global pioneer in Advanced Air Mobility and intermodal transportation, and Telefónica Tech’s TheThinX laboratory, one of the most advanced and best equipped IoT environments in the world.

Mr. Alfredo Serret, Global Head of IoT at Telefónica Tech, commented, “The partnership with EHang means being part of a pioneering project for the air mobility of the future. The fact that EHang relies on our connectivity to develop the sector in Europe and Latin America confirms the strong positioning of our service in both markets, and means combining capabilities to enable connected, safe, efficient and green air mobility for all.”

Ms. Victoria Xiang, COO of EHang Europe and Latin America, said, “We are delighted to join forces with Telefónica Tech to jointly deploy UAM and the low altitude economy in Europe and Latin America. Telefónica Tech’s capabilities and expertise in connectivity and the IoT will enable EHang to deploy its solutions efficiently and securely, allowing millions of people to benefit from its applications in their daily lives.”